Facts and Factors has authored “Agriculture Sprayers Market By Type (Pedal Pump Sprayer, Traction Pneumatic Sprayer, Knapsack Sprayer, and Others), By Application (Cereals, Fruits & Vegetables, Oilseeds, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026”.
According to research analysis, the global agriculture sprayers market in 2019 is over USD 1,880 million and is expected to reach around USD 4,525 million by 2026. The anticipated CAGR for the global agriculture sprayers market is around 6.6% from 2020 to 2026.
Agriculture sprayer is a handheld mechanical device or a fuel-or electric-powered system used to spray fertilizers, pesticides, insecticides, herbicides, and other liquid-based chemicals on cultivated land. These sprayers are widely used in large agricultural fields including nurseries, gardens, and vineyards.
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KEY MARKET DRIVERS:
- Growing Tractor Adoption Rate In Agriculture Sector
Earlier, almost each agricultural field task such as plowing, harrowing, disking, tilling, planting, and spraying was performed manually by the farmers. But with the advancement in technology and the automotive sector, all these fields are performed through machines. As tractor has become a necessity in agriculture, and with the growing adoption rate of tractors, the demand for sprayers, particularly tractor-operated such as traction pneumatic sprayers, is likely to grow simultaneously. The adoption rate of tractors in developed regions, including the U.S., France, Germany, and some developed countries in the Asia Pacific, has been surged.
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- Advanced Technological Incorporation In Agriculture Sector Likely To Propel The Market
Managing the vast agricultural field with extensive cultivation needs an extra workforce, which adds to the production cost. With the introduction of GPS and AI-powered robotic systems in the agriculture sector, the field managing has become significantly easier. The adoption of advanced sprayers further reduces human efforts, as the equipment conduct autonomous functions such as timely and targeted sprays. The eventual reason for introducing technology in the agriculture sector is to cut the production cost and enhance crop productivity.
Other factors that are propelling the global agriculture sprayers market are:
- Augmenting need for effective farming to meet the global food demand
- Subsidies and government funding for increased adoption of modern agricultural technologies.
MAJOR MARKET RESTRAINT:
- Lack of equipment handling knowledge and high initial investment
As major agricultural land share is under the rural areas, where farmers are unaware of the functioning and operation of hi-tech sprayers and other equipment, which impedes the global agriculture sprayers market growth.
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Based on type, traction pneumatic sprayers leads the global agriculture sprayers market
Though knapsack sprayers are widely and easily available across the globe the demand and market share for traction pneumatic sprayers is huge in the global agriculture sprayers market owing to their huge holding capacity.
The Asia Pacific attains the ruling position in terms of revenue in the global agriculture sprayers market
Agriculture is the primary income source in most of the Asia Pacific countries. As the regional, eventually global, the population is growing exponentially, the demand for agricultural products surges, thereby propelling the agriculture sprayers market.
Key market players
Some of the key players driving the global agriculture sprayers market are Miller( CNH Industries), KUHN Group, F/S Manufacturing, Electrostatic Spraying Systems, Penns Creek, ANDREAS STIHL AG & Co. KG(STIHL), Labdhi International, Demco Manufacturing Co., CROPLANDS EQUIPMENT PTY LTD, Crop Care (PBZ LLC), John Deere, and MS Gregson, among others.
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The global agriculture sprayers market is segmented as:
Global Agriculture Sprayers Market: Type Segmentation Analysis
- Pedal Pump Sprayer
- Traction Pneumatic Sprayer
- Knapsack Sprayer
Global Agriculture Sprayers Market: Application Segmentation Analysis
- Fruits & Vegetables
Global Agriculture Sprayers Market: Regional Segmentation Analysis
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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